For Sale By Owner Advertising

For sale by owner advertising has changed along with the real estate marketing landscape in general. Today’s marketing of real estate has expanded signficantly from a “sign in the yard and an ad in the paper”. Internet advertising allows by owner sellers access to distribution channels that circumnavigate the globe. What used to cost home sellers a good deal of money with very limited reach has now become far more cost efficient along with the ability to reach millions of potential buyers.

Bloomkey now offers for sale by owner sellers the option of several marketing distribution channels from which to launch a property marketing campaign.

  • The Multiple Listing Service, or MLS, offers sellers access to the real estate agents and brokers in their local areas.
  • The Broker IDX is a system through which brokers who own real estate websites show properties that are listed in the MLS to the public.
  • Realtor.com, the nation’s number 1 ranked website, has it’s own set of distribution partners who receive and display property listing data.
  • ListHub is a company that aggregates data from MLSs around the country and sends that information to leading real estate websites like Yahoo Real Estate, AOL Real Estate, Walmart, Vast and many others.
  • Bloomkey has it’s own distribution partnerships with websites like Zillow.com, Trulia.com, Google and many others.

Companies like Bloomkey give by owner sellers a one-stop marketing resource for selling real estate. Instead of hunting all over the Internet for property listing websites, sellers can enter their property information and upload photos one time and have their properties appear on all of the major real estate marketing distribution channels. In fact, many of the leading distribution channels are not avaialble to the public directly. Companies like Bloomkey make marketing properties for sale an economical and time savings venture.

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Prepare Your Home to Sell

Getting ready to market your home this year? Make sure you’re ready. That means being prepared to show your home and outshining the competion. Here are a few suggestions for getting ready to sell:
Prepare a Home To Sell
House Selling Tip 1): NOT SEEN AND NOT HEARD
Send children and pets off to stay with family or friends until the showing is over. The fewer distractions you offer, the more the buyer will be able to focus on your property. Many buyers have allergies. If you have indoor animals, have carpets and furniture covers cleaned to remove hair, dander and odors.
House Selling Tip 2): A GRAND ENTRANCE
Remember, when a prospect comes to look at your house, the first thing he will see is your home’s front door! Se sure that everything about your entrance is fresh and clean. Be sure your yard is free of refuse and leaves. If it snowed, be certain that you’ve removed the ice and snow from walks and steps and salted to avoid accidents. If it’s raining, put a small rug near the front door so buyers can wipe their feet. Also, in the event of rain, put an umbrella stand or can near the door.
House Selling Tip 3): LIGHT AND BRIGHT
Open those drapes and curtains all the way, so the prospect can see how bright and cheerful your home is. No one wants to walk into a dark tomb-like house. If it’s nice outside, open the windows so that fresh air fills the house.
House Selling Tip 4): KEEP THE HOME FIRES BURNING
If you have a fireplace, (and it’s winter), get the fire going. You’re trying to make the house feel as much like a home as possible. A warm feeling from the glow of a fireplace can help set the right emotional stage for the buyer.
House Selling Tip 5): LITTLE THINGS MEAN A LOT
Take a few minutes to check to be sure that your doors don’t stick or have loose knobs on them. Don’t forget your windows and cabinet drawers. Get all those minor flaws fixed since they detract from your home’s value
House Selling Tip 6): SAFETY FIRST AND ALWAYS
Keep stairways clear and clean, since this avoid injuries around your home. as well as, avoids detracting by distraction.
House Selling Tip 7): EASY ACCESS
Use a lockbox to make it easy for agents to show your property. Unlock any garages, outside entry basements or storage sheds for the buyers to have access to. Move all cars out of the driveway from the property (don’t park them in front of the house either). You may leave 1 car in the garage. Make sure the garage door is closed.

For more home selling tips visit www.bloomkey.com

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FTC/DOJ Host Competition in Real Estate Workshop

Minimum Service Laws Called into Question

Mark Tuesday October 25, 2005 in your calendars. The Federal Trade Commission and the Department of Justice are holding an Open to the Public workshop to discuss the  effect on Limited Service laws on competition in real estate.

At stake are the rights of consumers to choose the real estate services they want when selling their homes. Backed by the powerful National Association of Realtors (NAR) trade group, lawmakers around the country have been cajoled into passing laws affecting the way real estate brokers may offer "a la carte" or limited services to consumers.

What the DOJ and FTC believe, along with many familiar with the industry, is that the affect of these so called "Consumer Protections" is to limit competition in the marketplace by restricting the types and levels of services brokers are able to offer. For example, the proposed law in Michigan would require real estate brokers to assist  sellers in "developing, communicating, negotiating and presenting offers" in real estate transactions. While this may sound like a perfectly normal thing for a real estate broker to do, what it means is that if a seller wants to hire a broker to, say, just list their home in the MLS, the broker would be REQUIRED BY LAW to also provide additional services. Of course this will cost the consumer more money.

What the proponents of these measures are attempting to do is force certain business models to adjust the way they do business, or stop doing business altogether. This is what is called anti-competitive legislation and it’s just what the Department of Justices Anti-Trust division was designed to deter.
 

See Also

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